Ernex, SIVA Corp. announce loyalty and gift card offerings

Ernex, SIVA Corp. announce loyalty and gift card offerings
March 9, 2005

CHICAGO — Ernex, a division of Moneris Solutions Corp., an industry leader in real-time loyalty and stored-value gift card programs, and Moneris Solutions, have announced a strategic alliance with SIVA Corp., a leading provider of next generation restaurant applications, according to a news release.

Under the terms of the agreement, SIVA will integrate Ernex's loyalty and gift card functionality and Moneris USA's credit and debit interface into SIVA's point-of-sale application as well as certain external devices that SIVA has incorporated into a turnkey solution, including an Ingenico wireless terminal and a self-service guest kiosk. SIVA, Ernex and Moneris USA will then co-market this turnkey solution to the restaurant industry, delivering an expanded feature set and the potential for significant cost savings all in one package.

"We know that SIVA is a leader in developing enterprise technology for running restaurant operations," said Malcolm Fowler, vice president and general manager of Ernex. "As part of our growth strategy, we want to expand our loyalty and stored-value gift card capabilities for that environment, and we felt it was important to make our solutions available through SIVA's POS solutions."

"There is an incredible demand for loyalty programs and gift card solutions as well as emerging credit and debit technologies in the restaurant industry at this time," said SIVA chief executive officer Jim Melvin. "The real-time POS marketing capabilities that Ernex brings to loyalty and gift card programs will enhance our offering."

Moneris Solutions acquired Ernex in October 2003 in order to combine Ernex's loyalty marketing expertise with its world-class payment solutions and to provide outstanding value-added benefits to current and future Moneris Solutions merchants.